, while also suspending bonuses. That amounts to a few thousand staffers, as a recent filing showed the company had about 48,000 employees. Micron announced the decision as it posted its latest quarterly results and forward guidance, both of which fell below Wall Street's expectations. "In the last several months, we have seen a dramatic drop in demand," CEO Sanjay Mehrotra said in prepared remarks.
If you've been following the collapse of crypto exchange FTX and the prosecution of its founder and mastermind, Sam Bankman-Fried, you've probably been wondering why we haven't heard from Gary Wang and Caroline Ellison. And if you suspected they were, you were right.
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